hey guys what's going on Joshua elder
here and in this video I'm going to show
you how to create multiple streams of
income we're gonna dive into my computer
I'm going to illustrate this for you and
not just generate multiple streams of
income but to be able to do it passively
online with full leverage I've been
doing this full-time for the past five
years I'm gonna reveal the exact
step-by-step process that I've used day
in and day out to make a multiple five
figures a month consistently so if
you're excited for this video go ahead
and subscribe
take that bell-like icon to be notified
of all future videos that i upload when
i upload them and let's go ahead and
dive into the content there are three
things that we're gonna need to be able
to create multiple streams of income and
make money passively it's going to be
traffic systems and automation now
before we get into this i want to show
you guys this stuff actually works in
practice so here I am in my personal
capital account I'm actually about to
log in and what's so cool about this app
you can actually download it from the
App Store and you can feel free to go on
your computer and just go to personal
capital com it's 100% free to sign up
but this is a one-stop shop so you can
keep your credit cards bank accounts
investment portfolios all in one place
it also shows cash flow coming in and
money going out so it helps you overall
manage your money so once again it's
free this is not some promotion for it
so what I'm going to do is I'm gonna log
in I'm gonna show you guys the income
that I've made this year because of
passive income and having multiple
streams of income so I'm gonna go ahead
and sign in right here so you guys can
see that this is live
go ahead and exit here once again I'm
gonna refresh so you guys can see that
this is in fact not a fake screenshot
this is not photoshopped or anything
like that so I'm gonna go over here to
banking and I'm gonna click on cashflow
this is so far this month just in the
month of April so right now it's April
3rd 2019 I'm gonna go ahead and I'm
going to select this year and you guys
can see that my
total income for this year is one
hundred ninety six thousand four hundred
and thirty five dollars average income
per month is sixty-four thousand two
hundred ninety dollars and forty four
cents which is pretty cool and this is
because of passive income it's because I
put in the work over the past weeks
months and even years and I'm really
reaping those rewards today so passive
income doesn't always mean that you just
do the work once and it pays you for the
rest of your life there is maintenance
required when it comes to passive income
when it comes to creating multiple
streams of income so you can see in
January I did really well here I had a
fifty three thousand two hundred
thirty-six dollars and eighty eight
cents and then February sixty-three
thousand almost sixty four thousand
dollars sixty-three thousand nine
hundred eighty one dollars and sixty
cents and then just this last month
sixty nine thousand eight hundred ninety
one dollars and ninety seven cents and
it's only the third of April and we've
already done over nine thousand dollars
which is pretty awesome so what I want
to do is I want to illustrate these
three things the traffic the systems and
the automation so we're gonna jump over
here to the trusty whiteboard app and
I'm going to show you how to create
passive multiple streams of income
so the first thing that you're gonna
need in your online business is you're
going to need traffic right you're going
to need eyeballs to your products
systems or even websites okay and then
the second thing that you're going to
need is you're going to need the actual
system that you're going to drive
traffic into now what a system does is a
system will automatically sell products
for you on your behalf without you even
being there and we're gonna illustrate
this in complete detail so a system
doesn't just sell one product for you
just like McDonald's doesn't sell just
one product it sells multiple different
products if a company just sold one
product let's say that Apple just sold
an iPhone then they're not going to be
very profitable why because
they have a AB budget that they spend
through TV advertisements through online
advertisements and maybe heck maybe they
do some radio advertisements but
regardless if you're just selling one
product chances are you're actually
losing money because if you need to
spend $2,000 to acquire a customer and
you're only selling $1,000 iPhone which
is still a lot of money this is
hypothetical speaking by the way and
you're still going to lose money so what
else can you actually promote or sell to
that customer on the back end of the
iPhone that's why they have their
accessories that's why they have the
MacBook Pro computer the iMac keyboards
different little tools Mouse's
accessories that's why they have these
things cases that's why they have these
things so they can actually break even
as much as possible on the front end and
then make entire profit on the back end
okay and that's because of systems and
having multiple products to sell the
last thing is of course automation how
do you create a process that's
streamlined that's automated where you
can make money while you sleep and just
simply send traffic send eyeballs send
customers to the front door and just
have that process spit out predictable
numbers on the back end so like putting
in five dollars in the front end of the
system and then making ten dollars on
the back end
McDonald's knows that every customer
that comes to the drive-through because
they have a systematic process a certain
percentage a predictable percentage of
those people will take the combo meals
they'll take the upsells and because
they know that they know what their
lifetime value of a customer is worth to
them and that's the most important
number that you can know because if you
know your lifetime customer value that
means if you know the value for example
is five thousand dollars when you spend
two thousand dollars to acquire a
customer you know over the lifetime of
that customer you're actually going to
profit three thousand bucks okay so let
me illustrate exactly
how this works in detail how the system
works how the traffic works and how
everything is actually automated so
we're gonna use circles for the traffic
portion and this traffic could be just
anywhere online this traffic could be
this could be Facebook right here this
could be Google so like the Google
search engine this could be YouTube we
could have we could have Instagram over
here we could have banner ads over here
we can give them get a little bit more
advanced and have CPA networks here okay
so regardless this is where we're
driving traffic from again traffic being
people going through a system a website
a product or service so once we
understand traffic and once we master
one traffic strategy okay that's the key
here
the key isn't it go out there and try
and be everywhere at once you need to go
really deep with one traffic strategy
that's what I did for the past five
years ninety nine percent of my traffic
generation online has been through
YouTube and the reason why I've loved
YouTube is because you get your best
quality of customer from YouTube they're
able to see you on video if you're not
afraid to show your face you build that
relationship a lot faster and you can
illustrate that you are not an actual
expert in your field and if you're
somebody that doesn't want to show their
face you do not have to do that you can
just simply do a screen share like I'm
doing right now without even showing
your face heck you can even just like
show your Facebook profile in the intro
of your video to show people you know
that who you are kind of what you look
like so they can build somewhat of a
bond and a relationship with you and so
over the course of the past five years
I've consistently put out YouTube videos
and so this these are the dues that I've
paid to make the income that I'm making
today now what's so cool about it is it
took me about a solid two to three
months to really gain momentum and by
putting in that work
first two to three months it led to
$5,000 months and then $10,000 months so
I'm not saying it's gonna take you guys
five years but if you're consistent over
time you're gonna have big paydays then
you're gonna have big pay months and
that's why I've been able to create a 60
thousand almost a $70,000 consistent
income nowadays here in 2019 because
every single day or as much as possible
I'm putting out content I'm putting out
goodwill and I'm serving people the more
people that you serve the more money
you're going to make so once we have
this traffic game figured out and by the
way I've got tons of videos on traffic
strategies specifically YouTube because
YouTube is the platform that I've
mastered so feel free to look around in
my channel on all the different videos
that I have that relate to YouTube
marketing and I'll also post them in the
description below so once we've got this
mastered now what we need is we need a
system and by the way I'm going to show
you guys how to get all this stuff done
for you at the end of this video
especially if you're somebody that's
brand new so you don't have to you know
go out there and constantly create
content and then master the traffic
piece and then create your own system
and then automate yourself I'm actually
going to show you how to plug into
something that's going to allow you to
do that completely so stay tuned till
the end of this video for that so after
we've got the traffic then what we want
to do is we want to be sending that
traffic to a system okay and a system is
essentially a series of web pages that
lead people down a sales process to buy
different products so we use the you
know McDonald's analogy I'm going to use
an analogy in the affiliate marketing
world within a system that I've recently
promoted that's allowed me to make the
income that you saw at the beginning of
this video so essentially what you have
is you have a signup page right here
okay so you got the signup page signup
page and then you've got another page
right here
that leads people to a bunch of
different products okay and it's in a
sequential process so it's a very very
step by step so what I'm going to do is
I'm just going to put quite a few boxes
right here put about six because there's
actually six different income streams
within this system if I have enough room
one two three four five and we will
create one more we'll go ahead and throw
it right here how about that and so what
happens is once people sign up they're
then sent to the first income stream up
here okay so this is income stream
number one after they go to income
stream number one they're then sent down
to income stream number two okay we'll
just put one right here - right here
three four five six okay so after number
one they go to number two then they go
to number three then they go to number
four then five and then eventually they
go to six and I apologize I'm not even
using a trackpad I'm using nothing but
my mouse on my laptop so we'll just
delete these right here
okay so income number one essentially
what I do in my business there's tons of
different niches out there I'm in the
affiliate marketing business I help
people start an affiliate marketing
business because I've been in the
trenches I've promoted Amazon products
I've promoted physical products I've
promoted digital products across
different niches health niche wealth
niche relationships niche and so I'm
somebody that's actually you know didn't
get started by just teaching people how
to make money online I was actually in
the trenches for a wild I even built
many websites back in the day and I
would essentially rank these blogs at
the top of Google for different product
product name keywords so if somebody was
looking for a specific you know
weight-loss pill
and I would rank for that product name
of that weight-loss pill at the top of
Google and I had to take that traffic
and send them directly to an offer
through just a quality review made a lot
of money doing that in the early days
and then eventually I started selling
digital products and then getting into
higher ticket products with more
leverage where I can make more money
with less work and that's what's allowed
me to kind of get to where I'm at today
so where I teach people how to go
through that same process and do the
same thing so in my case with the system
that I promote and by the way this is
not my system whatsoever this is all
done for me all I need to focus on is
getting the eyeballs of traffic in and
then they take care of the systems and
the automation for me so if you want to
check out that specific system you can
click the first link in the description
below
regardless income number one is a
program okay so it's like a training
course that teaches people how to start
an online business and what's so cool is
I can not only learn from this training
broke program but I can relicense this
program and resell it for a hundred
percent commissions so what's cool about
this is I can actually make up to $2,000
right here on the front end and I get a
hundred percent of that 100 percent of
two thousand bucks okay so I make up to
that I think the products start from
twenty seven dollars all the way up to
two thousand dollars but regardless I
get paid a hundred percent commissions
off of each and every cell that I make
so that's one of the first things that
you want when it comes to an automated
system is do they pay out well do they
pay out at least fifty percent
commissions okay there's tons of
products like out there on Clickbank
that pay decent commissions but a lot of
them will never pay you truly what you
know you deserve so that's income number
one income at number two would be like a
tool that they need to go out there and
promote that product they're gonna make
up to two thousand dollar Commission's
on so in this case this could be like a
tool called ROI panel okay so like ROI
panel
like a tracking tool this is this
specific tool will actually track where
your cells are coming from a lot of
people are going out there on the
internet and they're trying to mark it
on Facebook one day and then you to the
next day and then Instagram the day
after that and they get like one cell
but they have no idea where that cell
came from because they were marking
marketing on multiple platforms and so
this is probably one of the most
important things in marketing is once
you start generating traffic you want to
go deeper into what's working and get
rid of what's not working and most
people don't do this correctly because
they're not willing to invest in a
tracking tool so what's so cool is I can
actually I use this tracking tool in my
business and I can even relicense it and
resell it and make good commissions
there I think it's right around 30%
Commission's which is okay because these
are all products in a system so your
primary product should pay really well
like I said 50% Commission's are above
your secondary products you know it's
all kind of extra icing on the cake if
you will not many systems out there are
gonna have six different income streams
so you have your primary product and
then you have your other products that
support that product so here you have
tracking income number three you
actually have mentoring so this is a
mentoring product right here income
number four is an incentivize program
that you can reap remote and even use in
your business so like if you're selling
a product and you want to incentivize
people to buy that product you can
actually give away like a free vacation
and there's a program that allows you to
do that so you can use that program you
can even relicense it like I've been
able to do and earn big commissions it's
called advertising boost you've probably
seen it in some of my previous videos
and then you have two other income
streams which would be an autoresponder
and then the last income stream which is
a merchant processing you know
application that you can use to process
your transactions on income stream
number one so not only can you use this
process transactions but you can also
promote it to other people and actually
make money by promoting that merchant
processing software so when all this
works in synchronicity and when you
guide people down a pipeline in which
they can purchase a program and then
purchase other programs to help them get
to their goals faster you can make more
money with less work this is how I've
been able to spend a couple hours a day
just marketing my business and make
multiple five figures a month make
thousands of dollars a day it's because
of this that you're seeing right here
it's because of this specific business
model when I stopped promoting low
ticket products and just promoting one
product when I started promoting systems
and high ticket products it was no extra
work on my part people saw the value
they would upgrade to the $2,000 level
so if this is something that you're
interested in you want access to go
ahead click the link in the description
if you want to start creating multiple
streams of income and passive income hat
guys I've got videos that I created
months and years ago that are still
making me money to this day passively
and to add that a lot of these income
streams pay passive Commission's which
not only do you have a passive traffic
source like YouTube but you also have
passive programs that will pay you
monthly that will pay you day in and day
out for a month to come because the
people that are paying for like an
autoresponder they're paying you know
every single month to maintain their
subscription which is really cool so you
do the work once and you really prosper
so if you guys got value from this video
and these three steps to creating
passive and multiple streams of income
go ahead and give me a like subscribe to
the channel and don't forget to take
that Bell icon to be notified of all
future videos that I upload when I
upload them you cannot forget to tick
that Bell I can't stress that enough
because if you just subscribe you're not
going to see all my videos there's a
little bell below go ahead and take that
and go ahead and check out the resources
section below for more information on
how to start creating income here
2019 and beyond this is a timeless video
this will work in 2020 2021
hey it'll even work in 2030 as long as
the internet is around it's all about
systems and automation here in the
future so hope you got value from this
video and we'll see you in the next one
online earning,make money online, earn money online, online earning, online earning sites,
make money online free, online money income, earn money online free, money online, best way to earn money online, online income site, money earning websites, best online earning sites, easiest way to earn money online, earn money payment bkash, online money income site
Posts
No comments:
Post a Comment